new intersections

NEW ZONE OF ZINC-GOLD MINERALISATION OUTSIDE THE JORC COMPLIANT RESOURCE AT JABAL SAYID – LODE 4
NEW ZONE CONTINUES INTO SIGNIFICANT COPPER STOCKWORK MINERALISATION
30 October, 2007
Highlights:
• Outstanding intercept of 246m at 1.35% Cu, 1.34% Zn, 0.53g/t Au, 22.4g/t Ag in hole BDH-4004, confirming a new near-surface mineralised zone at Lode 4.
• Mineralisation included 68m of Massive Sulphides (MS) from ~100 metres vertical depth, outside the current JORC Resource, and 107m of high grade Cu stringer/stockwork:
- 68m at 4.13% Zn, 0.28% Cu, 1.08 g/t Au and 64.3 g/t Ag; (MS Zone)
incl. 20m at 7.68% Zn, 0.22% Cu, 0.37g/t Au and 70.7g/t Ag.
- 107m at 2.75% Cu, 0.14% Zn, 0.23 g/t Au and 4.9 g/t Ag. (Cu Zone)
• The hole validated the new model at Jabal Sayid, extended the MS mineralisation up-dip and demonstrated exciting new potential to the north, on-strike and undercover.
• The MS zone intercept contains significant precious metal credits and includes a basal intercept of 23m at 2.62g/t Au, 92.5g/t Ag, 0.55% Cu and 2.89% Zn
• Latest results continue to reinforce the potential, also shown in recent Lode 1 and Lode 2 announcements, for significant additions to the interim JORC compliant resource.